Funding arb · Price arb /

SKY

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Aster against BingX+0.104%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on BingX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.076%−$8 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.104% dearer against BingX than usual: you sell high and buy low, +$10 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX SKY-USDT	0.06922	0.0100	pay 0.0050% / 4h	2h 10m	—	$2.4M	—
Short	Aster SKYUSDT	0.06929	0.0100	get 0.0050% / 4h	2h 10m	$42K	$44K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against BingX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BingXbpFee AsterbpOrdersPrice spread, now +0.104%Rate

Funding earned: $0
Price spread: +0.104% → 0.000%: $10.38
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$7.62
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: BingX: live order book, 8 min ago; Aster: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BingX live order book, 8 min ago	4.32 bp	18.3 bp −$18	49.1 bp −$491	249.4 bp −$24.9K	977.5 bp −$488.7K
Sell Aster no order-book sample	—	—	—	—	—

Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SKY on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SKY	−0.0470%	4h	0.06913	−0.126%	$185K	$126K	—	as long as short
Bybit SKYUSDT	−0.0138%	4h	0.06912	−0.144%	$7.3M	$3.3M	25x	as long as short
Injective SKY/USDC PERP	+0.0033%	1h	0.07172	+3.612%	$392	$303K	12x	as long as short
Lighter SKY	+0.0096%	1h	0.06922	+0.004%	$180K	$181K	10x	as long as short
Nado SKY-PERP	+0.0100%	1h	0.06924	+0.029%	$69K	$28K	5x	as long as short
Hyperliquid SKY	+0.0100%	1h	0.06933	+0.156%	$2.9M	$911K	3x	as long as short
Aster SKYUSDTshort	+0.0100%	4h	0.06929	+0.104%	$42K	$44K	20x
Binance SKYUSDT	+0.0100%	4h	0.06925	+0.036%	$15.8M	$11.1M	75x	as long as short
OKX SKY-USDT-SWAP	+0.0100%	4h	0.06919	−0.043%	$826K	$1.2M	20x	as long as short
Gate SKY_USDT	+0.0100%	4h	0.06932	+0.144%	$595K	$283K	50x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC SKY_USDT	+0.0100%	4h	0.06925	+0.043%	$1.0M	$286K	100x	as long as short
KuCoin SKYUSDTM	+0.0100%	4h	0.06931	+0.130%	$413K	$295K	50x	as long as short
Bitget SKYUSDT	+0.0100%	4h	0.06919	−0.043%	$2.9M	$1.6M	75x	as long as short
BingX SKY-USDTlong	+0.0100%	4h	0.06922	long leg	—	$2.4M	—
ApeX Omni SKYUSDT	+0.0100%	1h	0.06934	+0.173%	$28K	$668K	50x	as long as short
Orderly PERP_SKY_USDC_mythos	+0.0100%	4h	0.06925	+0.043%	$1K	$3K	10x	as long as short
GMX SKY/USD [ETH-USDC]	L +0.0523% / S −0.0248%	1h	0.06923	+0.020%	$82K	—	50x	as long as short